Commonwealth Equity Services LLC Has $25.01 Million Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Commonwealth Equity Services LLC grew its position in Invesco Water Resources ETF (NASDAQ:PHO) by 4.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 410,993 shares of the company’s stock after acquiring an additional 18,491 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Water Resources ETF were worth $25,013,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. McGlone Suttner Wealth Management Inc. acquired a new position in Invesco Water Resources ETF in the fourth quarter valued at about $25,000. Planned Solutions Inc. acquired a new position in Invesco Water Resources ETF in the fourth quarter valued at about $35,000. Keener Financial Planning LLC acquired a new position in Invesco Water Resources ETF in the fourth quarter valued at about $37,000. BKM Wealth Management LLC acquired a new position in Invesco Water Resources ETF in the fourth quarter valued at about $39,000. Finally, Signaturefd LLC grew its stake in Invesco Water Resources ETF by 27.6% in the third quarter. Signaturefd LLC now owns 1,485 shares of the company’s stock valued at $79,000 after acquiring an additional 321 shares during the period.

Invesco Water Resources ETF Trading Up 1.1 %

NASDAQ:PHO opened at $66.15 on Monday. Invesco Water Resources ETF has a 1 year low of $49.65 and a 1 year high of $66.74. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 34.90 and a beta of 0.96. The stock has a 50-day moving average price of $64.76 and a two-hundred day moving average price of $60.25.

Invesco Water Resources ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a $0.0629 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.25 dividend on an annualized basis and a yield of 0.38%.

Invesco Water Resources ETF Profile

PowerShares Water Resources Portfolio (the Fund) seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. The Underlying Index seeks to track the performance of the United States exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries.